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Stalin keeps home portfolio, PT Rajan gets finance

Dravida Munnetra Kazhagam president M K Stalin's cabinet, including him, would be 34-member strong and he has retained senior leaders like Duraimurugan and 15 shall be ministers for the first time.......

'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

The man who will be the DMK's finance minister

'The state's finances are in a mess...we are in a debt two-and-a-half times our annual budget.'From my perspective, distributing cash to voters is a dying business, not because of morality, but......

Elections soon after Diwali!

The state of the economy which is in a far worse condition than the government wants us to know; the UPA's instability and the Robert Vadra factor may force a Lok Sabha election this winter,......

The Nobel: A compliment and warning to European Union

Like it gave the prize to Barack Obama to make him fulfill the promise of change, the Nobel Committee has given it to the European Union to remind it of its huge responsibility to maintain unity......

The RBI Story: 90 Years And Going Strong

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will......

40-year-old fintech gurus need 60-year-olds to handhold them

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal......

Tough Times Lie Ahead For Banking Sector

For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......

Lessons For Banks To Learn From SVB Collapse

The difference between what the banks play in the US and India is not that of soccer and football, but rugby and football.But when risks are mispriced, the fallout could be very similar, points out......

How Adani Saga Affects Indian Banks

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much......

F1 float may finally get off grid

Plans to float Formula One may finally get the green light in the coming weeks, a proposed listing in Singapore giving investors a chance to buy a chunk of the business behind the high-speed motor......

Banker fell in love with F1 lifestyle: Ecclestone

A former German banker, on trial for embezzlement and bribery in a Formula One rights deal, fell in love with the sport's glamorous lifestyle and wanted to be a part of it, Formula One boss Bernie......

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